What Pension Funds May Face Cuts Under New Law?

February 4, 2015: Could your benefits be cut under the new Pension Cut legislation? Find out here.

The Center for Retirement Research at Boston College has compiled a list of 100 plans that may be permitted to cut benefits as a result of the new pension law enacted in December 2014.

The Central States Pension Fund is not the only Teamster pension plan where retirees may be threatened with benefit cuts because of the new pension law pushed through Congress in December.

The Center for Retirement Research at Boston College has compiled a list of 100 plans that may be permitted to cut benefits as a result of the new pension law. Several Teamster funds are on the list.  

Click here to download a copy of the report.

Join up with other Teamsters to protect our pensions.

Follow us at www.facebook.org/teamstersforademocraticunion

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts